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AstraZeneca produced revolutionary oncology drugs and expanded its diabetes treatments with the purchase of its partner Bristol-Myers Squibbsâ entire diabetes division in 2014. The buyout brought drugs like Byetta (exenatide injection) and Bydureon to AstraZeneca.
The injectable Type 2 diabetes drug Victoza works by stimulating insulin production. The drug may be linked to serious side effects, including pancreatitis, thyroid cancer and pancreatic cancer. Victoza (liraglutide) is a once-a-day drug manufactured by Novo Nordisk. It was approved by the Food and Drug Administration (FDA) in January 2010.